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Leap Motion Grabs $50M Investment for Class-leading Hand-tracking Tech

Road to VR

Leap Motion, a veteran player in the virtual reality sector (having been founded two years ahead of Oculus), has announced the closure of a Series C investment round totaling $50 million. However, one place in VR still seems like a potential sweet spot for Leap Motion’s hand-tracking tech: mobile.

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Leap Motion Raises $50 Million For Its Finger Tracking Technology

UploadVR Between Realities podcast

Leap Motion is one possible solution, with its hand and finger tracking technology offering one route for VR and AR headsets to let people make selections and interact with virtual worlds. This potential likely figured into the $50 million Series C funding raised by Leap Motion. The round was led by J.P.

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The XR Week Peek (2020.09.21): Quest 2 released, NVIDIA acquires ARM, Leap Motion 2 on sale, and much more!

The Ghost Howls

What an exciting week for technology, with the Facebook Connect, PS5 price announcement, Apple event and the release of RTX30 graphics cards! You can finally buy the Leap Motion v2 accessory. The time for us XR developers to buy a Leap Motion 2 has finally come. What a time to be alive! Check it out! Learn more.

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Hands-on Distance Technologies: promising glasses-free AR, at an early stage

The Ghost Howls

When I was at AWE, one of the demos I was the most curious about was the one of Distance Technologies, the company that promises to offer glasses-free augmented reality. from a group of investors including FOV Ventures and Maki.VC. The first one is that this startup came to light revealing that i t had raised $2.7M

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Ultraleap Reportedly Plans To Sell Its Leap Motion Hand Tracking Group Amid Major Layoffs

Upload VR

The startups formerly known as Ultrahaptics and Leap Motion appear to be heading in separate directions again after 5 years together ended in significant layoffs. In May 2019, Ultrahaptics bought Leap Motion to merge their complementary ideas – a haptic effect produced through ultrasound with industry-leading hand tracking.

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Leap Motion secures $50M to continue its work in VR/AR hand-tracking tech

Cats and VR

Leap Motion, Inc., the leading creator of motion tracking technology for natural input in virtual and augmented reality, today announced $50 million in Series C funding led by clients advised by J.P. Morgan Asset Management’s Private Equity Group, has joined Leap Motion’s board of directors.

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Volkswagen Launches Custom VR Exhibit At Historic Brand Tower

VRScout

Volkswagen Group is back again with yet another VR project that continues to prove just how much faith the German automaker truly has in the immersive medium. We’ve seen the company use the technology before on everything from collaborative group meetings between team members to a simulator that lets you drive an Audi in a sandbox track.